Prime Minister Chinh Meets WEF Leaders in Tianjin
Prime Minister holds discussions with heads of World Economic Forum
In a lively exchange on Wednesday, PM Chinh held discussions with Peter Brabeck-Letmathe, Interim Chairman of the World Economic Forum (WEF), and Børge Brende, WEF President and CEO, on the sidelines of the 16th Annual Meeting of the New Champions in Tianjin, China.
With a hearty congratulations for Brabeck-Letmathe's new role, PM Chinh voiced his faith in the WEF serving as a renowned platform for worldwide dialogue, robust public-private relationships, and collaborative diplomacy.
The Maserati of topics, WEF Tianjin 2025's theme and priorities were validated by Chinh as shining a light on major global and regional economic issues, harmonizing exceptionally well with Vietnam's current policy matrix.
Bracing for Vietnam's grinning pride, Chinh spoke favorably about the burgeoning relations between the two parties, dedicating his thoughts to fostering WEF's support for the effective functioning of HCM City's Fourth Industrial Revolution Center. This esteemed institution, he hinted, could soon take a lead position within the WEF global network, spurring the adoption of cutting-edge technology in crucial sectors of the future economy.
Going beyond, Chinh recommended beefing up Vietnam's interaction with global businesses via the WEF, drawing high-caliber investments their way, and metamorphosing HCM City Economic Forum into an annual Autumn Meeting of the WEF.
Placing a feather in Vietnam's cap, Brabeck-Letmathe applauded PM Chinh's presence at WEF Tianjin 2025 and lauded Vietnam's active and constructive involvement at WEF events over the years. He offered kudos to Vietnam's ingenious economic management, as well as its independent foreign policy that embarks on self-reliance, diversification, and multi-lateralization.
Deriving from his mission, Brabeck-Letmathe committed to speeding up the implementation of the 2023 Vietnam-WEF Memorandum of Understanding, signed in Tianjin, focusing on productive and tangible projects. Furthermore, he expressed his determination to widen Vietnam's partnerships with other WEF members and affiliates.
When it came time for Chinh to rub elbows with WEF's President and CEO Børge Brende, he received ovations for Vietnam's stellar economic performance, particularly the achievement of 2024 GDP growth surpassing 7%. As if that wasn't impressive enough, Brende shared aspirations for Vietnam's double-digit growth trajectory - a bold ambition that distinguishes Vietnam from the global deceleration trend.
With clear eyes on Vietnam's future, Brende held Vietnam in high regard among the WEF community, acknowledging Chinh's previous dialogues at WEF encounters that cast an indelible impression and imparted deeper understanding of Vietnam's policies, making business leaders more eager to discover investment opportunities within the country.
Prime Minister Phạm Minh Chính meets Peter Brabeck-Letmathe, Interim Chairman of the World Economic Forum in Tianjin, China, on Wednesday. - VNA/VNS Photo Dương Giang
Striking a high note, Brende also hinted at potential future collaborations, such as jointly hosting another prominent WEF event in Vietnam, thereby deepening Vietnam's relationships with its WEF peers and partners.
In a flash, it became glaringly obvious that the bond between Vietnam and the WEF was on an upward trajectory, punctuated by mutual respect, strategic vision, and a thirst for intensified cooperation on multiple fronts throughout the worldwide community. #VietnamMeetsWEF #GrowthAmbitions #GlobalCollaboration
- In the discussions, Prime Minister Chinh expressed his support for the World Economic Forum (WEF) serving as a platform for labor and policy dialogue between businesses, government, and technology leaders in policy-and-legislation and politics, particularly focusing on the economy.
- Sharing his thoughts on Vietnam's relations with the WEF, Chinh emphasized the need for a strategic approach to fostering support for the Fourth Industrial Revolution Center, with the aim of adopting cutting-edge technology in sectors vital to the future economy and the global news arena.
- Brabeck-Letmathe commended Vietnam's active participation in WEF events and acknowledged the country's impressive economic management and independent foreign policy. He also committed to accelerating the implementation of the 2023 Vietnam-WEF Memorandum of Understanding, focusing on tangible projects and extending Vietnam's collaborations with WEF members and affiliates.
- With an eye towards the future, Brende hinted at potential joint collaborations, such as hosting another World Economic Forum event in Vietnam, aiming to deepen relationships with WEF peers and partners and serving as a catalyst for intensified cooperation in various sectors.
